Uncertainty over COVID-19 and the situation in Ukraine
First written in FY2023-Q2. 6 of 14 entries say "Worsened", first in FY2024-Q2. Latest entry: 2026-10-28.
SBI Leasing Services moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).
3 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In the shipping industry, worsening geopolitical risks centered on the Middle East, particularly escalating tensions involving Iran, are having a major impact on key maritime transport routes. Many vessels have been forced to take longer routes, extending transport distances and voyage times, which has tightened vessel supply across the market and kept freight rates elevated.」
The company reports worsening geopolitical risks, including escalating tensions involving Iran, continued route changes and longer voyages, and persistently high freight rates. - FY2026-H1MaterialisedAnnual report
「In the shipping industry, freight rates and other market conditions have generally remained firm, although they differ by vessel type and market environment, as routes have changed and voyage times have lengthened because of the situations in the Middle East and Ukraine. However, the company will need to continue monitoring changes in the socioeconomic environment, including reduced cargo movements caused by additional U.S. tariff measures.」
Route changes and longer voyages caused by geopolitical conditions continue, while additional U.S. tariffs have reduced cargo movements and their impact is being seen in shipping. - FY2025WorsenedAnnual report
「Because of the situation in the Middle East, vessels continue to be forced to choose longer routes, and the implementation by the United States of additional tariffs on various countries is expected to have a significant impact on maritime transport.」
While the impact of diversions caused by the Middle East situation continues, the expected impact of additional U.S. tariffs on maritime transport has been newly identified. - FY2025-H1RestatedAnnual report
「Overseas, the domestic and international socioeconomic environment surrounding our group remains unstable because of stagnation in the Chinese economy and the situations in the Middle East and Ukraine.」
The domestic and international socioeconomic environment remains unstable because of the Chinese economy and the situations in the Middle East and Ukraine. - FY2024MaterialisedAnnual report
「Because of the deterioration in the situation in the Middle East, more vessels have been forced to choose longer routes, and higher freight rates and other effects have been seen across a wide range of vessel types.」
Geopolitical risk has materialized in the shipping market through deteriorating Middle East conditions, more diversions and higher freight rates. - FY2024-Q3MaterialisedAnnual report
「In the shipping industry, more vessels have been forced to choose longer routes because of the deterioration in the situation in the Middle East, and higher freight rates have affected a wide range of vessel types.」
Geopolitical risk has materialized in the shipping market through more diversions caused by deteriorating Middle East conditions and higher freight rates. - FY2024-Q2WorsenedAnnual report
「We will continue to closely monitor developments in the global economy and the heightened geopolitical risks.」
The company explicitly states that geopolitical risks are increasing and will continue to be monitored together with the global economy. - FY2024-Q1RestatedAnnual report
「During the nine months ended the first quarter, the domestic economy showed a gradual recovery in socioeconomic activity as the effects of COVID-19 subsided.」
The company continues to describe the easing effects of COVID-19 and the recovery in socioeconomic activity. - FY2023SoftenedAnnual report
「Although the global economy, including Japan, showed signs of recovering socioeconomic activity as COVID-19 subsided and restrictions on movement were eased, uncertainty about the outlook continued because of worldwide inflation caused by higher energy and raw-material prices and sharp foreign-exchange movements.」
The description of COVID-19 has shifted to subsiding effects, eased restrictions and recovering socioeconomic activity, while uncertainty from inflation and foreign-exchange movements remains. - FY2023-Q2First statedAnnual report
「Our group continues to closely monitor the effects of COVID-19 and the situation in Ukraine.」
The company recognizes the need to continue monitoring both events, but this statement does not indicate that specific losses have occurred.